Wednesday 20 January 2016

LEARNING FROM AN EAGLE

An eagle flies high and has a focused sight of the prey from higher grounds before it makes its move.
In the stock market also, a wider vision is always helpful, talking about a higher time frame than the one in which one trades.
Trade in your time frame only when your trade is in the direction of the higher time frame.
Another important thing to learn from the eagle is that it not only has strong wings to take it higher, but also has strong legs for foothold. Without strong legs it cannot give itself the push for the flight.
In trading, it means keep your foothold strong over your trading capital by appropriate risk management...else the flight would never come.

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